Bank Rec is bank reconciliation software for bank accounts, credit cards, and other matching needs, from Treasury Software headquartered in Glen Allen, Virginia.

Features include:

High Speed Matching

Matches bank records to internal records using its Automated Transaction Matching™ engine
Select the high speed matching rules for each account, such as check-to-check, void-to-issue, many-to-many, alphanumeric and user-defined.
Full audit trail - including group numbers on all matched items

Importing and Automation

Import Excel and csv files - including 'Copy and Paste'
Also supports BAI files, SQL Insertion as well as QuickBooks integration.
Automate importing of records and matching of records with our 'Point and Click' Software Integration Kit for power users - No programming required.

Reconciliation Wizard

A Stay In Balance™ Wizard helps get and stay in balance.
Reconciliation Report - is 'audit ready' and satisfies Sarbanes-Oxley Section 404
Period sensitive reconciliation reporting - produces historical reports with full detail
Full Reporting package with export to Excel

Identify, Track and Resolve

Identify - Exception reporting provides the reason why a record didn't match (ie. 'check already cleared', 'Bank amount and G/L amount differ', 'O/S Check'), enabling users to prioritize for high-exposure items, as well as speeding up research.
Track - Unmatched items persist until matched ('roll-over' to the next period)
Resolve - Match exceptions using our 'Point and Click' Matching Window. Enable for tolerance amounts and balancing / offset entries.

Record Type Classification

Highest possible matching rate with full confidence using Type Classes
Classifies transactions (ie. Cash, ACH, Wire, Check, V/MC, etc...) and uses Type Classes as an attribute during matching
User Defined Classes - or use our defaults

Bank Rec

What is Bank Rec?

Categories & Use Cases